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Search Results 0 to 49 of about 201 (some duplicates have been removed)
's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> chris, wait a minute here. the governor, i mean former governor romney is proposing a 20% cut to income taxes including income taxes for the wealthiest of americans and i believe a 30% cut to corporate income taxes including for people like big oil that are socking all of us at the pump reit now. any economist may debate whether that adds up to $4.9 trillion or add up to 5 trillion dollars but the fact of the matter is in this debate we saw big bird meet the big lie. in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire aro teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't s
are operating without a debt, operating against the debt ceiling ready to hit and now putting in the biggest tax increase in this country's history in a weak economy that is growing at 1.3 percent. people are saying, well, they will get it fixed but it is already having an impact. businesses have already put off hiring. businesses have all right cut off capital spending. it is having an impact right new. there is another irony involved here, the federal reserve board made it clear they are trying to boost the stock market, they are trying to get asset prices higher, so what congress doing? they want to jump the dividend tax rate from 15 percent to 43 percent in the top bracket. this is money that has already been taxed. they want to raise capital gains taxes. this is on top of all the other tax increases that are set in three months. the notion this is going to be fixed is laughable because it is already having an impact. >>neil: here is what is laughable to me if the argument for extending the rates on the upper income for another year is that was not the environment to raise taxes on folks, an
at the busy week that was. >> there aren't enough rich people and small businesses to tax to pay for all their spending. >> with all due respect, that is a bunch of malarkey. >> what words came out are not what i meant. >> wow, here's old moderate mitt. >> with more assets, more resources, we could have and should have saved the life of ambassador stevens. >> is it true that you voted to cut the funding for embassy security? >> absolutely. >> politics ruled this week that was, but the vp showdown, that took the cake. of course, sprinkled with a few zingers. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> zing. >> lower tax rates increase growth. >> oh, now you're jack kennedy. >> zing. >> this is a bunch of stuff. look, here's the deal -- >> what does that mean, a bunch of stuff? >> it means -- >> zing. >> as for that first debate. >> i think it is fair to say, i was too polite. >> not an issue with these guys. >> turped into this sparring and it was very, very personal. >> personal and partisan. >> you have to be kidd
. "i'm not in favor of a $5 trillion tax cut. that's not my plan." mitchell: "the nonpartisan tax policy center concluded that mitt romney's tax plan would cost $4.8 trillion over 10 years." vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >> i want to bring the conversation to the state of our economy, the number one issue here at home is jobs. the percentage of unemployed just fell 8% for the first time in 43 months. the obama administration had projected that it would fall below 6% now after
. the centerpiece of governor romney's economic plan is a new $5 trillion tax cuts that favors the wealthiest americans, but most of the economists who have crunched the numbers said that paying for governor romney's tax plan -- one or the other. pick your poison. last week when we were on stage together. governor romney just pretended it didn't exist. what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention for that tax cut under the carpet behind the curtain. >>> romney's pretending his tax cut plan doesn't exist, but the president won't let him get away with it. he also won't let him get away with hitting the middle class to protect his own tax rate. >> governor romney said it's fair he pays a lower tax rate than a teacher or autoworker who makes $50,000. he is wrong. i refuse to ask middle-class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. i refuse to pay for that tax cuss by asking you students to pay more for college or kicking kits out of headstart or
that we cut taxes for the middle class, and in addition to that, when that occurred, what did romney do? romney said no, let detroit go bankrupt. we moved in and helped people refinance their homes. governor romney said no, let foreclosures hit the bottom. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their lives. my friend said 30% are takers. these people are my mom and dad, my neighbors. they pay more tax than governor romney pays. they are elderly people who in fact are living off of social security. there are veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i've had it up to here with this notion, 47% -- it's about time they take some responsibility here. instead of signing pledges not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we are going to not repeat the mistakes we made in the past by havin
of the campaign is the lie that mitt romney will raise taxes on the middle class. mitt romney has no chance of raising taxes on the middle class. his republican base would kill him. the concept of raising taxes on the middle class will never happen. >> if not, something has to give. then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up
providers like insurance companies that are overcharging. he has to attack on the issue of taxes. there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, ronl is at 47%. i think the president, the fundamental structure of the race hasn't been changed, but if he doesn't go on the attack, if biden doesn't do a good job against ryan, and if the president doesn't show up and isn't strong in the second debate, then you're going to have a tossup race. >> well, i would disagree with your approach, first of all. i don't approach that way. that's going back and relate gating all the old arguments. in spirit what i would do unlike shrumy, i would take the big issue that is separate the candidates, don't get into the little trench wa
of abortion? do we deliver tax cuts? it's important that the president do this for the basic reason that people in this country know what they are voting for and if they decide against. and that's "hardball" for now. "politicsnation" with al sharpton starts right now. >> thanks, chris, and thanks to you for tuning in. tonight's lead, no hiding from biden. for months mitt romney and paul ryan have been running from their records, hiding their extreme far right agenda behind platitudes and big promises, trying to pin them down on specifics was like trying to nail jello to the wall. but that all stopped last night. we'll talk about all of it in the show tonight, how vice president biden took the fight to paul ryan on issue after issue. on taxes, on medicare, on abortion, on their plan to privatize social security and to gut medicare. joe biden simply dismantled the romney/ryan world view. but also talk about how the right wingers are trying to make a big deal out of joe biden's smile. so what? i would have been outright laughing in paul ryan's face. joe biden was fed up and who could b
with, my neighbors, they pay more effective tax than governor romney pays in his federal income tax. >> governor romney is a good man. he cares about 100% of americans in this country. with respect to that quote, i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> and of course the two sparred over entitlements. >> look, these guys haven't been big on medicare from the beginning. their party's not been big on medicare from the beginning and they've always been about social security as little as you can do. look, folks, use your common sense. who do you trust on this? a man who introduced a bill that would raise it $6,400 a year, knowing it and passing it and romney saying he'd sign it or me and the president? >> that statistic was completely misleading but more importantly -- >> those are the facts, right. >> these are two politicians do when they don't have a record to run on, try to scare people for voting for you. >> one of the most contentious moments of the night was about tax cuts and th
borrowing, higher taxes, a government takeover of health care. it's not working. it's failed to create the jobs we need. 23 million americans are struggling for work today. 15% of americans are in poverty. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we're offering real reforms for a real recovery for every american. mitt romney, his experience, his ideas, his solutions is uniquely qualified to get this job done. at a time when we have a jobs crisis in america, wouldn't it be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. t
of the night. number one for joe biden, the economy at just over 6:00. number one for ryan, budget and taxes at almost 7:00. ryan, budget and taxes, number two issue, ryan, the economy. mirror image of biden. vice president spent third most time talking about the problems in the arab world for the congressman from wisconsin. number three, entitlements, such as medicare, social security. that's our team of timers actually scored it. unlike the last debate, what was also striking, how similar two candidates were to the time they devoted to key issues, not because they agreed, instead because for every punch, an equally sharp counterpunch. some examples, each different almost completely. but at times, around 5:00 each were nearly identical. same on foreign policy side on iran, again, disagreement, and again about equal time. 4:30 each. likewise on ending the war in afghanistan. the vice president and congressman ryan spoke for nearly the same length of time about 5:00. however, what they said could not be more different. like night and day. correspondents standing by with each side. stay with u
was going to cut taxes for wealthy people? >> he is the etch-a-sketch guy who has transformed himself and quite frankly, we always have to wonder which mitt romney is going to show up. if you just lay out lie after lie after lie about your own plan, as well as what the president has been talking about, of course you can look good. megyn: joining me now is chris stirewalt, host of "power play." i wanted to get back to january of 2009 when president obama in a common about immigration. joe wilson, shouted out, you lie on the floor of the house. watch this. >> there there are those that claim that our reform efforts would ensure illegal immigrants. this, too, is very false. the reform -- the reforms i am proposing would not apply to those who are here legally. megyn: the president and his supporters back then were outraged that joe wilson chose to resort to name-calling and calling him a liar. because they disagreed with what he was saying about his policies. the leader came out and said we have to get to the point where we can have a conversation about big and important issues that matt
the other debate where he made stuff up and didn't know his own tax plan, making them stick to what they've been the last six or seven months. >> this is where i think paul ryan will have pressure on him and where i expect paul ryan to perform very well. i mean, i found obama's debate performance totally lacking in specifics. we still don't know what his tax plan is or his deficit plan or his budget plan. but paul ryan has become the personification for the democrats of all that is callous and cold and evil about the romney campaign. so ryan now has i think an opportunity to not only explain his plan more importantly romney's plan, but to explain it in a way that is compassionate and human. and i expect he'll do a very good job of that. >> there's a tricky thing that ryan has to do. and i think you suggested it there, carly. there's clearly a distinction between the ryan plan. actually, there have been multiple ryan plans on multiple fronts. >> that's right. >> and the romney plan. so ryan can't get lured into a debate over the specifics. >> i agree with you. >> here's the problem, mitt
asked who would pay more taxes in a second obama term, biden answered people making more than a million dollars or more. totally misleading. the associated press today reports that obama's proposed tax increase reaches individuals making more than $200,000 a year and couples making more than $250,000 a year. and number three, there was biden's defense of the hhs contraception mandate. >> no religious institution, catholic or otherwise, including catholic social services, georgetown hospital, mercy hospital, any hospital, none has to either refer contraception, none has to pay for contraception, none has to be a vehicle to get contraception in any insurance policy they provide. that is a fact. >> laura: false. today the u.s. conference of catholic bishops rebuked the vice president noting that the so-called accommodation, the obama administration promised for catholic hospitals, universities, and other religious charities isn't an accommodation at all. they will all still serve as a vehicle for contraception, abore that face drugs and sterilizations because their health insurance premium
it comes to taxes. up next, you're going to hear what mitt romney has to say about his plan, what it could mean for you. also, lance armstrong is linked to what one group calls the most sophisticated doping program in cycling history. e 70,000 trades. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced all-wheel drive. [ engine revving ] it's bringing the future forward. that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. >>> so what's going to happen to your taxes will most certainly be one of the topics paul ryan and joe biden debate thursday night. during my e
it. krystal, when you look at his record, it seems right for pickings. his budget raises taxes on the poor. it makes seniors pay $6400 more for medicare coverage, all while giving millionaires a $265,000 tax break. meanwhile, he voted for defense cuts he blames on president obama and mr. fiscal conservative voted to increase the debt ceiling by $4 trillion under president bush. seems like right pickens to me, krystal. >> frankly, he can't be directly honest about the plans because they are toxic. it is not popular to fund tax cuts for the rich on the backs of the poor. that is not something that sells in this election. on the other hand, biden and obama have been very consistent and their policies are broadly popular. they are talking about restoring the middle class. they are talking about the american dream. they have a balanced plan that makes sense to americans. so i think it is very tough for paul ryan. not only does he have to defend his own budget but mitt romney's plans and he has to be able to reconcile the differences between what mitt romney has been selling and what
then. jamie: well the vice-presidential candidates are hitting each other very hard on taxes. vice president biden claiming the republicans are insisting on new tax cuts for the wealthy. congressman ryan responding with a warning for the middle class. >> if you taxed every person and successful small business making over $200,000 over 100% it would only run the government for 98 days. if everybody who paid income taxes last year including successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul r
that president obama has not raised taxes while he has been in office. seriously? mitt romney is dropping that argument? he doesn't think president obama has raised taxes? no, not really. his campaign later saying, never mind what mitt romney just said. that's not actually what he believes. sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the country to feel that, you know, wherever you hear mitt romney saying something today, don't worry, it doesn't really matter. it is all subject to revision later. long-term, this is a weird technique. it has been a strange political technique from the get-go this year. but mostly, it has worked for them. them correcting
the attacks. a week ago paul rhine was asked to explain the math of a tax cut and he said i don't have time. governor mitt romney had a massive performance and the underpenings of that was dishonest f. you are willing to say anything to get elect make up your positions, american people have to understand how they can elect you. >> steve: is calling mitt romney and ryan a good strategy. here to weigh in is washington insider amelia and democrat pollster marjorie. good morning to both of you. >> margey. it does sound like according to the new york times, 10 minutes before the end of the debate they were on a conference call talking about he stunk up the place. we'll have to go full steam ahead on a new attack and that is going to be romney is a liar. >> any time you hear mitt romney express different position than the day before it is for voters to know. we would be talking about mitt romney's loose interpretation of the facts regardless of what the people thought of the pet's performance. his own campaign walked back what romney said about covering people with preexisting conditions in the h
out, yesterday, here come the black helicopters. it is about the united nations imposing taxes on the united states, through a treaty with the obama administration. that's the move that i think is coming up in november and december. i want to alert people to it. >> greta: well, they're now alerted. thank you, dick. coming up, casino developer steve wynn is boiling mad at president obama and it's all caught on tape. he is taking the president to the wood shed. here from him next. and president obama had a horrible debate. but that is not stopping him from giving vice-president joe biden advice for his debate tomorrow night. hear the president's advice to the vice-president, coming up. [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. the highest-ranked vehicle appeal among large premium cars by j.d. power and associates. ♪ >> greta: a w
chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he denied his plan to eliminate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bothering to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the emergency room. let's look at some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days since the debate, and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in the pew poll towards romney is greater among likely voters. romney is surging ahead to 49%. four weeks ago obama led among likely voters by eight. now to the latest gallup tracking poll which covers the last seven days. gallup has president ob
seven. taxes, depending on who we're length, their tax policy will affect you for years to come. on thursday, vice president joe biden and congressman paul ryan tried to make the case for the respective ticket's tax plans, take a look. >> our entire premise of these tax reform plans is to grow the economy and create jobs. it's plan estimated to create 7 million jobs. now, we think that government taking 28% of a family and business's income is enough. >> okay. those answers weren't exactly full of detail, so let me see if i can help them out. mitt romney would cut all tax rates by 20% and reduce the top tax rate from 35% to 28%. he'd eliminate taxes on capital gains, repeal the alternative minimum tax and estate tax and cut the top corporate tax rate from 35% to 25%. on the other hand president obama would keep tax rates the same for those making less than $250,000. he'd also raise the top two tax brackets to 36% and 39.6% and he has supported the buffet rule. he'd restore the estate tax but lower the corporate tax rate to 28% from 35%. so the choice is yours, undecided voter. b
. >> reporter: or ryan's attempt to compare the mitt romney tax plan to jack kennedy's. >> jack kennedy lowered tax rates. >> oh, now you're jack kennedy? >> reporter: ryan was able to fire back with a few zingers of his own. >> mr. vice president, i know you're under a lot of duress to make up for lost ground. i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> reporter: republicans in the post debate spin room tried to make the case biden failed not only on style. >> quite frankly i was embarrassed for the vice president. i mean, the laughs. we counted 82 times that joe biden interrupted paul ryan. >> reporter: but also on substance pointing to the vice president's response on whether there was adequate security before the attack on the u.s. consulate in libya. >> and they wanted more security there. >> well, we weren't told they wanted more security. we did not know they wanted more security. >> we just had a major hearing on this. that was one of the heart -- the heart of the point was these requests went unheated. and obviously
Search Results 0 to 49 of about 201 (some duplicates have been removed)